Employee Financial Empowerment

San Francisco's hospitality industry is made up of a diverse workforce of over 24,000 people from the San Francisco Bay Area. The Hotel Council of San Francisco aims to provide tools to all of our members, including employees, to thrive in our industry.

Here are 4 tips to achieve greater financial empowerment: 

1. Open a bank account with the help of BankOn San Francisco

  • By opening a free- or low-cost bank account, you take a big step toward financial security. You can keep your money safe, enter the financial mainstream, and start saving for your dreams.

2. Protect what you earn by enrolling for Direct Deposit

  • Enrolling in electronic pay ensures funds are available immediately, eliminates the high costs associated with check cashing, and reduces the risk of theft.

3. Start saving for the future with a no-cost myRA

  • Individuals can open a myRA account with no start-up cost and no account maintenance fees. myRA has no minimum contribution requirement and myRA is backed by the United States Treasury, so the account carries no risk of losing money.

4. File taxes for free with Earn It! Keep It! Save It!

  • Earn It! Keep It! Save It! provides free tax preparation to help Bay Area residents become financially stable. Through quality tax return preparation, low to moderate income households gain access to asset building and income support resources such as public benefits, low or no cost bank accounts, and financial education.